Windfall tax could lead to Forties pipeline closing 10 years early, Ineos says
The operator of the crucial Forties Pipeline System (FPS) has warned it could close 10 years early due to the UK government's North Sea tax policies.
Forties pipeline
Forties pipeline outage helps lift oil prices
Oil traded higher after a surprise U.S. crude stockpile draw coupled with an outage at a key North Sea pipeline tempered weak economic data from Germany.
Petrofac handed three-year Forties deal by Ineos
Petrochemicals giant Ineos has handed oilfield service firm Petrofac a three-year deal to provide operations and maintenance crew for its Forties pipeline business.
Developer loses court battle against North Sea pipeline owner
A developer has lost a multi-million-pound court battle against a North Sea oil giant after its proposal to build a hotel close to the Forties pipeline was rejected.
Forties pipeline rejuvenation safeguards 1,000 jobs
A huge project to rejuvenate a vital North Sea pipeline system will deliver a jobs boost for the north-east.
Apache plans ‘lower activity’ in 2019
US oil firm Apache Corporation has said that it is planning "lower activity" across its business in 2019.
Ineos to restart Forties after pipeline shuts yet again
Energy giant Ineos said it intended to re-open the Forties pipeline overnight after it shut for the second time in recent months.
UK economy beats forecasts despite Forties shutdown
Britain's economy performed better than expected in the fourth quarter thanks to the country's powerhouse services sector, though there are warning signs of "slower and uneven" growth.
Ineos says ‘sharp granite’ led to Forties outage
Scottish granite had a hand in the shutdown of the Forties pipeline in December, infrastructure owner Ineos was cited as saying in a news report.
HSE investigation ‘satisfied’ with Forties repair efforts
The Health and Safety Executive (HSE) confirms that inspectors looking into the Forties Pipeline System were “satisfied” with repair work carried out as the system becomes fully operational.
Safety cordon removed after repairs to Forties Pipeline complete
Road restrictions around a major North Sea pipeline have been lifted following the completion of work to repair a fault in the pipe.
Forties pipeline ‘back to normal’ by new year
Ineos has announced that it expects the Forties pipeline to be back up to normal rates around the New Year period.
Apache expects full Forties production to return soon
Apache North Sea has announced that it expects to be back to pre-shutdown production levels within several days as Ineos completes repairs to the Forties pipeline.
Fixing Forties: How hard can it be?
The North Sea oil and gas industry will have breathed a sigh of relief at yesterday's announcement that a crack in the Forties pipeline will be fixed "around Christmas".
Forties pipeline to be repaired by Christmas
Ineos have announced that the hairline crack which caused the Forties pipeline leak is currently stable and that they expect to have it repaired by Christmas.
In Pictures: Aerial shots of the Forties pipeline
These pictures show the continued work underway to repair the crack in the Forties pipeline.
Forties pipeline shutdown will cause North Sea oil cargo disruption
The loading of Forties crude cargoes are to be delayed by at least two weeks due to the shutdown of the Forties pipeline.
IEA cuts UK oil production estimate due to Forties shutdown
The International Energy Agency (IEA) has announced that it will reduce its estimate for UK oil production by 300kb/d for December in reaction to the Forties pipeline closure.
Oil and gas prices make gains on the back of North Sea shutdown
Oil and gas prices have made hefty gains after the market took a double-whammy hit following a European gas hub explosion and the shut down of a major North Sea pipeline.
Small pipe leak near Aberdeen threatens sweeping North Sea shutdown
The North Sea is headed for a sweeping shutdown unless a small crack in a pipeline near Aberdeen can be fixed quickly, industry experts have said.
Forties crude pipeline to shut down for repairs, Ineos says
Ineos said today that the Forties pipeline will shut down for a "short period" to allow repairs to be carried out.
Residents evacuated after Forties Pipeline leak found near Aberdeen
A number of residents have been evacuated from an area near Netherley, Aberdeenshire, after a leak was detected at the Forties pipeline.
Ineos move from oil fields to football fields with Swiss purchase
Petrochemical giant Ineos has built on a number of 2017 acquisitions – after taking a punt on a top flight Swiss football club.
Bilfinger secures 210 jobs with new BP deal
Engineering firm Bilfinger has secured 210 jobs after winning a deal to carry out maintenance work on key Scottish oil and gas infrastructure for another five years.
Forties pipeline sale would place too much power in Ratcliffe’s hands, union warns
A trade union has warned that BP’s proposed sale of the Forties pipeline to Ineos would give one man the power to “bring the entire country to a standstill”.